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Two Ways to Boost Retirement Income

In retirement, every penny counts, and so it is unfortunate that many living on a pension could be paying far too much than necessary for services and utilities. In spite of the media emphasis on the benefits of comparison websites, it seems that many people are failing to shop around for better deals on things …

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25% Mortgaged in Retirement

According to a recent report in the Daily Mail, one in four pensioners is taking their mortgage into retirement. A survey of 3,500 people aged 65+ reported that 27% had a mortgage and even more worryingly, the average size of that mortgage was higher amongst those over the age of 70. …

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Britons Doubt Retirement Income will Suffice

Research conducted by Prudential has revealed that British people retiring in 2010 are expecting to be worse off than those who left work in 2009 and in 2008. 2010 retirees are anticipating an average income of £16,509 per year. In 2009, this average was £17,759 and in 2008 it was £18,663 showing decreases of 7% …

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